Bankr. No.:
97-40952
Chapter:
12
Date of Decision:
November 6, 2002
Issue:
Whether Debtor’s attorney was entitled to compensation over the objection of a creditor that held a personal debt guarantee from Debtor?
Ruling:
Debtor’s attorney’s fees were approved with two small deductions to expenses. That the creditor held a personal guarantee did not give him a secured claim against Debtor’s property or elevate the priority of his claim over allowed administrative expenses such as the attorney’s fees.
Full Bankruptcy Court Decision: